PointsBet has confirmed it is in preliminary and “incomplete” discussions with NTD, the owners and operators of Betr, regarding a potential transaction involving the sale of it Australian trading business.
PointsBet made the announcement on Wednesday, in response to an article by The Australian last week about a potential transaction.
A statement read: “PointsBet advises that as part of its ordinary course of business it routinely explores options to maximise value for shareholders including evaluating proposals from third parties that are received from time to time.”
The company added thay any transaction will be assessed in the content of PointsBets’s global strategy and opportunities.
